TARGA EXPANDS EL ZANJON GOLD-SILVER PROJECT AND ISSUES PAYMENT SHARES

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[{"type":"text","content":"CSE: TEX | OTCQB: TRGEF | FRA: V6Y","length":34,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Jan. 8, 2026 /CNW/ - Targa Exploration Corp. (CSE: TEX) (FRA: V6Y) (OTCQB: TRGEF) ("Targa" or the "Company") today announced that three additional exploration concessions have been granted for the El Zanjon gold-silver project, located in Santa Cruz, Argentina. The Company has also issued the first tranche of option payment shares to Aegis Resources Ltd ("Aegis").","length":416,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"El Zanjon project expanded by 66% from 34,521ha to 57,276 contiguous hectares","length":77,"tagName":"p"}]},{"val":[{"type":"text","content":"New concessions cover areas of interest and potential extensions of geochemical anomalies","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"A total of 1,250,000 shares of TEX were issued to Aegis at a price of $0.20 per share ","length":85,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":251,"olType":false},{"type":"text","content":""Previous geochemical sampling identified an area of interest that ran up to the edge of the old project boundary" commented Targa CEO, Cameron Tymstra. "This expansion of El Zanjon will cover any potential continuation of that trend to the northeast and help protect our project boundaries in the event of a discovery. We look forward to getting on the ground at both El Zanjon and Venidero in the first half of this year. We are putting together plans and budgets while we wait for approval of our updated Environmental Impact Statements for both projects. We are currently anticipating receipt of approvals sometime in February."","length":652,"tagName":"p"},{"type":"text","content":"El Zanjon Expansion","length":19,"tagName":"p"},{"type":"text","content":"Three additional exploration concessions at the El Zanjon project have been granted. The three concessions combined cover 22,755ha and sit at the north, east, and southwest edges of the previous project limits.","length":210,"tagName":"p"},{"type":"image","alt":"Figure 1 - El Zanjon claim boundaries with soil and magnetic data (CNW Group/Targa Exploration Corp.)","displaySize":"","headline":null,"caption":"Fig...

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